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United States Input-Output Table This exercise requires the use of technology. Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts, (3) aircraft and parts, and (4) other transportation equipment. Suppose that in 1998 the input-output table involving these four sectors was as follows (all figures in millions of dollars).t То 1 4 1 75 1,092 1,207 64,858 13,081 7 1,070 From 21,782 4 1,375 Total Output 230,676 135,108 129,376 44,133 Determine how these four sectors would react to a simultaneous increase in demand $2,000 million in every sector. By how much (in millions of dollars) would each sector need to increase production? (Round answers to four significant digits.) sector 1 $ x million sector 2 $ million sector 3 2$ million sector 4 2$ x million

United States Input-Output Table This exercise requires the use of technology. Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts, (3) aircraft and parts, and (4) other transportation equipment. Suppose that in 1998 the input-output table involving these four sectors was as follows (all figures in millions of dollars).t То 1 4 1 75 1,092 1,207 64,858 13,081 7 1,070 From 21,782 4 1,375 Total Output 230,676 135,108 129,376 44,133 Determine how these four sectors would react to a simultaneous increase in demand $2,000 million in every sector. By how much (in millions of dollars) would each sector need to increase production? (Round answers to four significant digits.) sector 1 $ x million sector 2 $ million sector 3 2$ million sector 4 2$ x million

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.5: Systems Of Linear Equations In More Than Two Variables
Problem 27E
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United States Input-Output Table This exercise requires the use of technology. Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts, (3) aircraft and parts, and (4) other transportation equipment. Suppose that in 1998 the input-output table involving these four sectors was as follows (all figures in millions of dollars).t Tо 1 2 3 4 75 1,092 1,207 2 64,858 13,081 7 1,070 From 3 21,782 4 1,375 Total Output 230,676 135,108 129,376 44,133 Determine how these four sectors would react to a simultaneous increase in demand $2,000 million in every sector. By how much (in millions of dollars) would each sector need to increase production? (Round answers to four significant digits.) sector 1 $ x million sector 2 million sector 3 $ million sector 4 X million %24 %24 %24
Transcribed Image Text:United States Input-Output Table This exercise requires the use of technology. Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts, (3) aircraft and parts, and (4) other transportation equipment. Suppose that in 1998 the input-output table involving these four sectors was as follows (all figures in millions of dollars).t Tо 1 2 3 4 75 1,092 1,207 2 64,858 13,081 7 1,070 From 3 21,782 4 1,375 Total Output 230,676 135,108 129,376 44,133 Determine how these four sectors would react to a simultaneous increase in demand $2,000 million in every sector. By how much (in millions of dollars) would each sector need to increase production? (Round answers to four significant digits.) sector 1 $ x million sector 2 million sector 3 $ million sector 4 X million %24 %24 %24
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